BBVA Chile

BBVA Chile (Banco Bilbao Vizcaya Argentaria Chile S.A.) (SGO: BBVACL) was the sixth largest bank in Chile in terms of total assets. It operated as a subsidiary of Spanish banking group BBVA. With approximately 2,200 employees, BBVA Chile provided a wide range of financial products and services to corporate and retail customers. It offered current and savings accounts, personal and business loans, credit cards, mortgages, investments, life and home insurance, personal accident insurance, unemployment insurance as well as foreign trade, cash management, financial advisory services, leasing, factoring, online banking and other services. The Bank owned such subsidiaries as BBVA Corredores de Bolsa Limitada (securities brokerage), BBVA Administradora General de Fondos (asset management), BBVA Corredora Técnica de Seguros, BBVA Asesorias Financieras SA, BBVA Sociedad de Leasing Inmobiliario SA and BBVA Factoring. BBVA Group started its operations in Chile in 1998 through Banco BHIF S.A. (Banco Hipotecario Internacional Financiero). The origin of the bank went back to 1883, when Banco Hipotecario in Valparaíso was created. As of March 31, 2017, BBVA Chile had CLP 14.272 trillion (US$23 billion) in total assets and CLP 9.4 trillion (US$15 billion) in loans.

Former head office address:
Avenida Pedro de Valdivia 100
Providencia
Santiago, Chile
Phone: +56 2679 1000
Fax: +56 2679 1350
Former website: www.bbva.cl (no longer resolves)

In July 2018 Scotiabank completed its purchase of the 68.19% interest in BBVA Chile held by Banco Bilbao Vizcaya Argentaria S.A., a transaction that roughly doubled Scotiabank's share of the Chilean total-loan market to about 14%. On September 1, 2018 BBVA Chile was merged into Scotiabank Chile and ceased to exist as a separate bank. BBVA retains a representative office in Santiago and the Forum Chile auto-finance business, but no longer operates a banking subsidiary in Chile.